DEBT (Tables)

6 Months Ended

Jun. 30, 2025

Long-term Debt includes the following:


	June 30, 2025		December 31, 2024
2019-1 EETC (see terms and conditions above)	$	131,811	$	158,510
2022-1 EETC (see terms and conditions above)	128,410		138,532
Term Loan Credit Facility (see terms and conditions above)	24,273		33,080
Total Debt	284,494		330,122
Less: Unamortized debt issuance costs	(2,427)		(3,000)
Less: Current Maturities of Long-term Debt, net	(81,438)		(87,579)
Total Long-term Debt, net	$	200,629	$	239,543

Schedule of future maturities of the outstanding debt

Future maturities of the outstanding Debt are as follows:


	Debt Principal Payments		Amortization of Debt Issuance Costs		Net Debt
Remainder of 2025	$	46,832	$	(519)	$	46,313
2026	65,439		(809)		64,630
2027	86,649		(595)		86,054
2028	20,355		(260)		20,095
2029	28,400		(155)		28,245
Thereafter	36,819		(89)		36,730
Total as of June 30, 2025	$	284,494	$	(2,427)	$	282,067

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details